Book closure for 70% right shares of Suryodaya Laghubitta On Magh 26; LTP at Rs 1,269

Suryodaya Laghubitta Bittiya Sanstha Limited (SLBS) has published a notice regarding book closure date for upcoming right shares. As per the notice published in NEPSE today, the book closure date for the upcoming 70% right shares has been set on Magh 26, 2074. Thus, only those shareholders holding their shares till Magh 25, 2074 i.e. one day ahead of the book closure date are eligible to apply for the right shares. SEBON had given final approval to issue 70% right shares on Magh 11, 2074. Now, SLBS will be issuing 2.80 lakh unit (70%) right shares of worth Rs 100 per share to its shareholders. By issuing right shares, SLBS will collect around Rs 2.80 crore. Thus, Paid up capital of SLBS will reach to Rs 7.56 crore from existing 4.76 crore (including 19% bonus shares from the net profit of FY 2073/74). Global IME Capital Limited has been assigned as the issue manager. SLBS had earned Rs 47.71 in the first quarter of the FY 2074/75. Its LTP stood at Rs 1,269 as of last trading day.